Country Last 2019 2020 2021
Afghanistan 7.10 Dec/18 6.8 6.2 7
Albania 63.63 Dec/18 61.3 60.5 56
Algeria 36.90 Dec/18 42 46 48
Angola 80.50 Dec/18 82 77 64
Argentina 86.20 Dec/18 100 85 65
Armenia 48.49 Dec/18 48 48.2 48.4
Australia 40.70 Dec/18 41 38 37
Austria 73.80 Dec/18 70 67 65
Azerbaijan 48.40 Dec/18 47.5 50.1 53.4
Bahamas 64.60 Dec/18 76 70 65
Bahrain 93.40 Dec/18 99 102 105
Bangladesh 27.90 Dec/18 25.9 25.5 24
Belarus 27.80 Jun/19 27.8 27.5 27
Belgium 102.00 Dec/18 101 101 101
Belize 66.50 Dec/18 67.6 67.2 66.8
Benin 22.10 Dec/17 23 24 24.6
Bhutan 110.10 Dec/18 110 105 103
Bolivia 33.30 Dec/18 50 55 57
Bosnia and Herzegovina 24.80 Dec/18 24.5 24 23
Botswana 13.40 Dec/18 13.5 13 10
Brazil 77.22 Dec/18 80 82 85
Brunei 2.40 Dec/18 2.7 2.8 2.9
Bulgaria 20.30 Aug/19 20 18.5 18
Burkina Faso 24.40 Dec/17 34 36 33
Burundi 13.20 Dec/18 15 17 17.5
Cambodia 29.40 Dec/18 29.5 30 31
Cameroon 34.00 Dec/18 28 30 32
Canada 89.70 Dec/18 93 90 89
Cape Verde 124.00 Dec/18 122 120 120
Cayman Islands 9.20 Dec/18 13.9 14.2 14.5
Central African Republic 48.50 Dec/18 44.2 40 39
Chad 46.60 Dec/18 45.3 38 35
Chile 25.60 Dec/18 27 30 28
China 50.50 Dec/18 51.9 52.5 54
Colombia 50.50 Dec/18 52 53 51
Comoros 31.20 Dec/18 30 32 35
Congo 98.50 Dec/18 80 77 72
Costa Rica 69.60 Dec/18 70 68 65
Croatia 74.10 Dec/18 71.5 68 66
Cuba 18.20 Dec/15 21.5 20 17.5
Cyprus 102.50 Dec/18 97 91 87
Czech Republic 32.70 Dec/18 31.5 30.5 29.5
Denmark 34.10 Dec/18 33 32.4 31.7
Djibouti 104.00 Dec/18 108 110 112
Dominican Republic 50.41 Dec/18 53 52 52.5
Ecuador 45.20 Dec/18 46 40 35
Egypt 90.50 Dec/18 86 89 87
El Salvador 72.82 Dec/18 77 75 73
Equatorial Guinea 53.80 Dec/17 55 48 39
Eritrea 20.10 Dec/18 23 20 19.5
Estonia 8.40 Dec/18 8.5 8.3 8.6
Ethiopia 60.00 Dec/18 65 68 68
Euro Area 85.10 Dec/18 83 81 79
European Union 80.00 Dec/18 79 77 75
Fiji 44.00 Dec/17 55 53 51
Finland 58.90 Dec/18 58 57.5 54
France 98.40 Dec/18 98.6 98.2 97.9
Gabon 66.50 Dec/17 72 80 83
Gambia 65.60 Dec/17 58 52 50
Georgia 43.00 Dec/18 44 43.3 42.1
Germany 60.90 Dec/18 58.5 55.7 52.9
Ghana 70.50 Dec/17 70 68 67
Greece 181.10 Dec/18 175 170 166
Guatemala 24.26 Dec/18 24 23 22
Guinea 18.00 Dec/18 22 24 23
Guinea Bissau 28.10 Dec/17 35 40 43
Guyana 57.00 Dec/18 58 57 56
Haiti 33.00 Dec/18 35 33 31
Honduras 43.44 Dec/18 42 43 44
Hong Kong 38.40 Dec/16 32 31 30
Hungary 70.80 Dec/18 69.5 68 67.2
Iceland 37.70 Dec/18 37.5 37 35
India 68.30 Dec/18 69 70 68
Indonesia 29.80 Dec/18 30.9 32.2 33.5
Iran 44.20 Dec/18 40 35 30
Iraq 48.40 Dec/18 50 47 45
Ireland 64.80 Dec/18 61.5 55.9 52.7
Israel 61.00 Dec/18 64 62 61
Italy 134.80 Dec/18 133 133 132
Ivory Coast 24.50 Dec/17 28 25 23
Jamaica 103.30 Dec/17 92 90 88
Japan 238.20 Dec/18 240 244 249
Jordan 94.23 Dec/18 95 95.2 94
Kazakhstan 21.90 Dec/18 20 18 17
Kenya 57.00 Dec/18 62 64 62
Kosovo 17.12 Dec/18 18.8 19.6 20.2
Kuwait 14.80 Dec/18 25 27 29
Kyrgyzstan 48.00 Dec/18 60 58 56
Laos 53.34 Dec/18 56.7 57 57.5
Latvia 35.90 Dec/18 35.9 36.1 33
Lebanon 151.00 Dec/18 158 160 164
Lesotho 46.30 Dec/17 44.2 48 46
Liberia 32.00 Dec/18 30 28 27
Libya 16.50 Dec/16 13 11 10
Lithuania 34.20 Dec/18 37 36.4 36
Luxembourg 21.40 Dec/18 20.5 20 19.5
Macedonia 40.70 Dec/18 42.5 43.1 45
Madagascar 41.90 Dec/17 40 39 38
Malawi 62.00 Dec/18 67 65 65
Malaysia 51.80 Dec/18 55 53 50
Maldives 24.70 Dec/18 29.1 26 23
Malta 46.00 Dec/18 43 40 38
Mauritania 77.30 Dec/17 90 94 90
Mauritius 63.00 Dec/18 62.8 63 64
Mexico 46.00 Dec/18 45.3 47 48
Moldova 27.40 Dec/18 27.8 31.9 41
Mongolia 66.00 Dec/17 83 80 78
Montenegro 62.27 Dec/18 68.7 70.2 72.3
Morocco 65.20 Dec/18 65.4 66 67
Mozambique 113.00 Dec/18 132 120 110
Myanmar 49.41 Dec/18 38.3 36 35
Namibia 45.10 Dec/18 49 51 52
Nepal 30.40 Dec/18 28.3 28.5 29
Netherlands 52.40 Dec/18 49 47 45
New Zealand 19.90 Dec/18 20 21 20
Nicaragua 52.50 Dec/18 55 56 57
Niger 29.70 Dec/17 33 32 31
Nigeria 17.50 Dec/18 23 25 26
Norway 36.30 Dec/18 32 30 29
Oman 47.50 Dec/18 59 60.1 63
Pakistan 72.50 Dec/18 73.5 74 75
Palestine 17.50 Dec/17 18 17 16
Panama 39.48 Dec/18 42 43 41
Papua New Guinea 36.90 Dec/18 40 41 42
Paraguay 20.20 Dec/18 23.5 22.8 22
Peru 26.80 Dec/18 29 30 31
Philippines 41.90 Dec/18 40 39 38
Poland 48.90 Dec/18 48 47 45
Portugal 121.50 Dec/18 119 117 115
Qatar 48.40 Dec/18 52.7 47 41
Republic of the Congo 15.70 Dec/18 25 28 30
Romania 35.10 Dec/18 37.3 39.5 40
Russia 13.50 Dec/17 19 21 23
Rwanda 40.20 Dec/17 38 40 42
Sao Tome and Principe 70.60 Dec/18 72 74 73
Saudi Arabia 19.10 Dec/18 22 24 27
Senegal 37.10 Dec/17 40 38 36
Serbia 54.50 Dec/18 51 47.5 45
Seychelles 55.00 Dec/18 50 45 40
Sierra Leone 60.30 Dec/17 49 46 44
Singapore 112.20 Dec/18 106 108 110
Slovakia 48.90 Dec/18 47.8 47.3 47
Slovenia 70.40 Dec/18 66 62 59
South Africa 55.80 Dec/18 56.3 56.8 57.7
South Korea 36.60 Dec/18 39 40 40.5
Spain 97.10 Dec/18 97 95 94
Sri Lanka 82.90 Dec/18 75 72 70
Sudan 62.00 Dec/18 65 67 68
Suriname 57.33 Dec/16 38 35 37
Swaziland 9.95 Dec/17 11 13 14
Sweden 38.80 Dec/18 34 32 30
Switzerland 27.70 Dec/18 26.8 26 25
Syria 30.01 Dec/10 70 77 83
Taiwan 30.90 Dec/18 31 30 30
Tajikistan 47.90 Dec/18 53.7 55.3 56.5
Tanzania 37.40 Dec/17 43 45 47
Thailand 41.80 Dec/18 45 43 41
Togo 19.60 Dec/17 25 27 30
Trinidad and Tobago 61.00 Dec/18 63 65 60
Tunisia 69.20 Dec/17 65 67 69
Turkey 30.40 Dec/18 34.2 36.6 40
Turkmenistan 29.30 Dec/18 32 32.9 36
Uganda 40.00 Dec/18 42 43 45
Ukraine 60.90 Dec/18 59.3 57.6 55.5
United Arab Emirates 18.60 Dec/18 19.4 19.2 18.9
United Kingdom 84.70 Dec/18 83.4 82.5 79.5
United States 106.10 Dec/18 108 109 110
Uruguay 51.70 Dec/18 53 57 56
Uzbekistan 23.60 Dec/18 22.1 22.4 24
Venezuela 23.00 Dec/17 40 50 60
Vietnam 57.50 Dec/18 60 58 56
Yemen 63.20 Dec/18 58 45 59
Zambia 59.00 Dec/18 62 58 56
Zimbabwe 77.60 Dec/17 80 78 76


This page provides forecasts for Government Debt to GDP including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.